Law On Registration Of Import And Supply Of Crude Oil In The European Economic Area

Original Language Title: Lov om registrering av import og leveranser av råolje i Det europeiske økonomiske samarbeidsområde

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here: https://lovdata.no/dokument/NL/lov/1999-06-25-54

Law on Registration of import and supply of crude oil in the European Economic Area.


Date LOV-1999-06-25-54


Ministry MPE

Edited


Published



Effective 06.25.1999, 01.07.1999

Changes


Promulgated


Short Title
Law on registration of crude oil trade - råolregl.

Chapter Overview:

Main part
EEA Agreement Annex IV. 5 (Council Regulation (EC) No. 2964/95 of 20 December 1995 concerning the registration of import and supply of crude oil within the Community)

§ 1. The EEA Agreement, Annex IV. 5 (Regulation (EC). 2964/95 of 20 December 1995) concerning the registration of import and supply of crude oil in the European Economic Area applies as law with such modifications to Appendix IV, Protocol 1 to the agreement and the agreement in general.

§ 2. In the Act of 29 November 1996 no. 72 relating to petroleum activities is amended as follows: - - -

§ 3. This Act comes into force immediately with the exception of the amendments to the Act, which comes into force from the date decided by the King.
Below we list - after Proposition. no. 54 (1998-99) pp. 5-6 - The EEA Agreement, Annex IV. 5 (Regulation No. 2964/95) as MPE interpret this part of the EEA Agreement and amendments pursuant to Annex IV , protocol 1 to the agreement and the agreement otherwise. Notes marked with note numbers and * is the MPE notes to reproduction in Proposition. no. 54 (however, the "EC" is replaced with "EU").

EEA Agreement Annex IV. 5 (Council Regulation (EC) No. 2964/95 of 20 December 1995 concerning the registration of import and supply of crude oil within the Community)

[COUNCIL OF THE EUROPEAN UNION -
With regard to the Treaty establishing the European Community, in particular Article 213.
Referring to the Commission's proposal.
As the establishment of a common energy policy is one of the goals the Community has set itself. It is the Commission's task to put forward proposals on the measures to be implemented to achieve this objective.
As one of the main objectives of this policy is to ensure supplies at stable prices.
As it is desirable to market transparency.
Based on the supply situation, and to stabilize the European market and prevent abnormal fluctuations in the world market will unfairly impact on the EC market, the Member States and the Commission receive regular information about the cost of supply of crude oil.
Regulation (EEC) No. 1893/79 introduced Council arrangements for the registration of imports of crude oil to the Community.
Regulation (EEC) No. 2592/79 adopted Council rules for registration of imports of crude oil to the Community.
These regulations ceased to apply on 31 December 1991, therefore they should be rules which was thereby determined reintroduced and simultaneously adapt the trading conditions applicable on the international oil markets and aim to improve and protect the quality of the environment and as far as possible be adapted to the reporting requirements national authorities and the international energy agency - have adopted this Regulation:]
Art 1. All persons or companies importing crude oil from third countries or receiving deliveries of crude oil from a Contracting party shall be obligated to submit information about the characteristics of imports or supplies to the party in which they are established.

Article 2 On the basis of the information referred to in Article 1, the EFTA countries regularly send the Commission information that gives a true picture of the evolution of the terms imports or deliveries have taken place under. This information shall be forwarded to the EFTA countries.

Article 3 The information collected and forwarded pursuant to this Regulation shall be confidential. This assumption shall not preclude the publication of general information or synoptic data which does not contain information about individual firms.

Article 4 1. The information that persons or undertakings are obliged to submit to the Contracting Party which they are established, shall apply to all imports or delivery of crude oil at a set price. 2. 'Import' means each quantity of crude oil imported into the European Economic area's customs territory for purposes other than transit. "Delivery" means each quantity of crude oil coming from another Contracting Party for purposes other than transit. Imports or deliveries that take place at its own expense by a company established outside the importing country and that are intended for refining or contract and then the RSS feed collected in the form of refined products are not covered.

3. Introduction to the European Economic area's customs territory of oil recovered from the seabed as a Contracting Party exercises exclusive rights for exploitation of, shall not be considered as imports as defined in paragraph. 2.

Art 5. In relation to Article 1 shall characteristics for each quantity of crude oil imported or delivered to a Contracting Party include
-
designation of the crude oil, including the API density,

-
Volume specified in barrels,

-
Price cif pr. barrel,

-
Sulfur content in percent.

Article 6 The information referred to in Articles 4 and 5 shall be sent to the Contracting Parties that apply for each period which shall not be more than one month.

Article 7 The information EFTA countries shall provide to the Commission pursuant to Article 2 shall be submitted not later than one month after the end of each month as referred to in Article 6. This information shall, for each type of crude oil, contain a summary of the information EFTA countries collect from individuals and corporations. For each type of crude oil shall be disclosed:
-
designation of the crude oil, including the average API density,

-
Volume specified in barrels,

-
The average price cif pr. barrel,

-
Number of companies reporting,

-
Sulfur content in percent.

Article 8 1. The Commission shall analyze the information submitted pursuant to Article 7 and communicate them to the EFTA countries every month. 2. The EFTA countries and the EFTA Surveillance Authority shall consult each other regularly, either at the request of an EFTA country or on the initiative of the Commission. Such consultations shall relate in particular to the messages from the Commission referred to in paragraph 1.
It held consultations with international organizations and third countries which have established similar reporting systems.

Article 9 1. The information submitted under Article 4, and the information provided for in Article 7 shall be confidential. This shall not preclude that information be passed on in such a way that detailed information about individual enterprises can not be disclosed, which means that the information must include at least three undertakings. 2. The information submitted the Commission on the basis of Article 7 and the reports referred to in Article 8. 1, may be used only for the purposes mentioned in Article 8. 2
3. If the EFTA Surveillance Authority in the information submitted it from EFTA countries under Article 7 are discrepancies or lack of compliance which is an obstacle to providing a true picture of the conditions imports or deliveries have taken place under, it may ask the EFTA States on to access relevant information from individual firms, as well as to the utregnings- or assessment methods that were used to summarize the information.

Article 10 The Commission shall, in consultation with the EFTA countries adopt implementing rules for this Regulation.

Article 11 This Regulation shall enter into force on the day of its publication in the Official Journal. This Regulation is binding in its entirety and directly applicable in all Contracting Parties.